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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Nov 5, 2024
Project Estimated Start Date
Jun 14, 2023
Project Estimated End Date
Dec 30, 2024
Project Description
IFC is providing Post Transaction Advisory Services to Department of Health and Family Welfare, Government of Odisha to enable the Government to meet its conditions precedents under the concession agreements for the four hospitals in Angul, Barbil, Jharsuguda and Bhadrak districts, being developed under PPP mode.
Development Results
The Project is expected to provide improved access to quality affordable health services for the people of Odisha and to result in private investment in Odisha’s health services and infrastructure.
Indicator
Cumulative
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
Performance Standard 1: Assessment
and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC
Sustainability Policy, IFC team has screened this project to assess
consistency with IFC's Performance standards. Environmental and social risks
will be further reviewed throughout the life-cycle of the project.
IFC advice will be provided in a manner consistent with the
principles of the relevant Performance Standards. The IFC team will assist
the client, as final decision maker, in gaining a good understanding of IFC's
Performance Standards, and provide recommendations for appropriate mitigation
measures whenever warranted.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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